The S&P Case-Shiller Index for July, released today 9/27, indicated the 5th consecutive increase in “high tier†house values in the 5-county San Francisco Metro Statistical Area. The majority of SF’s houses qualify as high tier (over $601,000); in the 8 northern and central Realtor districts, almost 90% of SF house sales qualify as high tier. (For all price tiers, the aggregate C-S Index had its 4th consecutive increase in values in July.)
In the charts below, the numbers delineate house values as relating to January 2000. Thus July’s 144.3 signifies a value 44.3% above the value of January 2000, and a value approximately 22% below that of January 2006’s 184.
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